According to a senior Egyptian security official speaking to WND, Iran offered China a deal to purchase oil at a cheaper price in exchange for vetoing a U.N. resolution today that called on Syrian President Bashar al-Assad to resign.

Assad’s regime has been facing a violent insurgency. The Syrian president’s security forces were accused of a massacre today shelling the insurgent stronghold of Homs, reportedly the bloodiest single day in the 11-month uprising.

Syrian officials, however, say well-armed Islamic extremists have been shooting at their forces and deliberately drawing retaliatory fire into civilian populations.

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